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Analog Devices has agreed to buy Empower Semiconductor for $1.5 billion in cash, placing a major bet that the insatiable energy demands of AI data centres will keep chipmakers scrambling for better power-delivery technology. The deal, announced on Monday, gives the Wilmington, Massachusetts-based chipmaker access to Empower’s integrated voltage regulators, which sit directly beneath AI accelerators and […]
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The Next Web
Alphabet is raising $80bn in equity, an unusually large sum for a company that has rarely needed to ask. The Google parent announced the plan on Monday to help fund what it called investment in world-class AI compute infrastructure to meet unprecedented customer demand, and the structure of the raise is as telling as the […] This story continues at The Next Web Read more ›
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STMicroelectronics has roughly doubled what it expects to make from data centres this year. The Franco-Italian chipmaker said on Monday it now anticipates around $1bn in data-centre revenue in 2026, up from the “nicely above $500m” it had guided to before, citing sustained demand for AI infrastructure and faster-than-expected progress ramping up capacity. The revision […] This story continues at The Next Web Read more ›
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Amazon has decided its big summer sale should arrive a little sooner. Prime Day 2026 will run from June 23 to 26, the company confirmed, starting at 12:01am Pacific time on the first day and keeping the four-day format Amazon adopted last year. The shift pulls the event out of its now-familiar July window and […] This story continues at The Next Web Read more ›
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The Huntington Beach defence-tech startup, run by a 22-year-old MIT dropout, has raised a $300M Series C at a $1.8bn valuation, nearly 4x its mark from June 2025. Mach Industries, the three-year-old defence-tech startup run by 22-year-old founder and chief executive Ethan Thornton, has raised a $300m Series C at a $1.8bn valuation, nearly four […] This story continues at The Next Web Read more ›
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Tilt’s $26M raise, the first Vinted Ventures cheque into a live-commerce platform, looks like a defensive move against the Whatnot expansion threatening Vinted’s European resale base. Tilt, the London-based live-auction app founded by two early Revolut employees, has raised $26m in fresh funding with Vinted Ventures joining as a new investor alongside existing backers TQ […] This story continues at The Next Web Read more ›
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Arm CEO René Haas confirmed at Computex that ByteDance and Oracle have joined Meta as customers for Arm’s own data-centre CPU, validating the company’s shift from licensor to silicon vendor. Arm chief executive René Haas confirmed at Computex on Monday that ByteDance and Oracle are among the customers using AGI, Arm’s first in-house data-centre CPU, […] This story continues at The Next Web Read more ›
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The Swiss post-quantum-crypto firm has lifted its WeCan stake from 28% to majority and committed CHF 5M to accelerate AI-compliance tooling for Pictet, Lombard Odier and Barclays. Geneva-based SEALSQ has acquired a majority equity stake in WeCan Group, lifting its position from the 28% taken in October 2025 and committing a further CHF 5m ($6.1m) […] This story continues at The Next Web Read more ›
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CBA chief executive Matt Comyn used the phrase ‘work slop’ to describe the low-quality AI output now flowing through corporate workflows, as token-billed AI costs scale with task complexity. Matt Comyn, chief executive of the Commonwealth Bank of Australia, used a speech on Monday to flag two AI-adoption problems large corporate buyers have been working […] This story continues at The Next Web Read more ›
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Jensen Huang’s comments at Computex defend the Samsung bonus structure that delivers $400,000 to chip engineers, but land alongside an $80bn Nvidia buyback announced two weeks ago. Jensen Huang, the Nvidia chief executive, told reporters on the sidelines of Computex in Taipei on Tuesday that workers should be paid “as much as possible,” framing the […] This story continues at The Next Web Read more ›
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The ride-hailing company is betting that Germany’s automotive heartland, and a less sensor-heavy approach to autonomy, can finally make robotaxis scale in Europe. Munich is about to become a test of a particular theory: that the cheapest way to put a driverless taxi on a European street is to stop building special cars for it. […] This story continues at The Next Web Read more ›
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09.06.2026 01:22
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